F. T.

Operated by SWIFT ENERGY OPERATING, LLC (P-5 833348) in the A.W.P. (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 157269District 01Field 002565002 tax incentive programmesCondensateGasSaveExport
Value, all time
$384 k
Jan 1996 – Jul 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
199
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 821 leases and 1,336 wells, and the rule below applies to all of them.

Discovered
1981-12-20
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: RED. THE ALLOCATION FORMULA REMAINS SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111997-10-16137394
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition2,991 bbl$56,839
GasProduction251,534 Mcf$326,686
Total$383,526

113,142 Mcf of this lease's gas, across 12 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.3743, -98.4351. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.37434, -98.43512 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,830 ft
1 wells filed one
Completion to plug
16.5 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,830 ft.

Completions filed
Jan 1996
1 of 1 wells
Plug dates filed
Jul 2012
1 of 1 wells

Last completion to plug: a median of 16.5 years across the 1 well that filed both dates, with the middle half between 16.5 years and 16.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-31133136110,830 ftJan 1996Jul 2012Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (199)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

199 months

Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20078062.007.55$496
May 20070658.747.85$47
Apr 20078659.617.81$524
Mar 20074856.927.30$286
Feb 20072655.108.22$160
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010124.685.34$5
Mar 20010224.545.38$11
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000026.889.12$0
Nov 20000132.215.66$6
Oct 20000231.235.15$10
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20003229.304.40$97
May 20001265227.263.68$2,726
Apr 20001536824.513.12$1,514
Mar 20001815628.422.86$958
Feb 2000517927.622.73$626
Jan 20001226625.272.48$963
Dec 1999331,41824.282.42$4,238
Nov 19992885923.192.43$2,740
Oct 19991522720.982.80$951
Sep 1999728721.752.62$904
Aug 19991475419.262.88$2,438
Jul 1999171,12017.892.37$2,961
Jun 199964215.942.36$195
May 1999511,13415.792.32$3,437
Apr 1999252,13115.102.21$5,083
Mar 1999372,96412.471.84$5,910
Feb 1999202,9169.981.82$5,500
Jan 1999313,15110.381.90$6,309
Dec 1998383,5669.201.77$6,673
Nov 1998263,33510.892.19$7,573
Oct 1998213,78712.421.97$7,718
Sep 1998303,86512.592.08$8,427
Aug 1998454,48511.301.91$9,063
Jul 1998164,70511.742.24$10,714
Jun 1998174,92311.242.24$11,205
May 1998255,36412.622.21$12,150
Apr 1998345,07713.042.51$13,163
Mar 1998454,85112.802.31$11,779
Feb 1998384,42613.952.30$10,706
Jan 1998735,56314.702.15$13,060
Dec 1997655,28416.322.41$13,801
Nov 1997565,18618.193.09$17,034
Oct 1997455,36719.253.15$17,771
Sep 1997325,16417.742.95$15,827
Aug 1997525,58017.862.55$15,184
Jul 1997425,55917.582.25$13,229
Jun 1997375,23317.242.26$12,450
May 1997516,23018.972.31$15,349
Apr 1997785,31917.882.08$12,473
Mar 1997575,84718.951.94$12,418
Feb 19971325,27120.492.21$14,332
Jan 1997725,74023.483.54$22,008
Dec 1996918,63323.32$2,122
Nov 19961048,69421.97$2,285
Oct 19961139,24623.31$2,634
Sep 1996919,90422.22$2,022
Aug 19961439,66720.26$2,897
Jul 19961239,64919.55$2,405
Jun 1996967,13318.73$1,798
May 19961549,39219.43$2,992
Apr 199618410,89921.51$3,958
Mar 199620212,96819.38$3,915
Feb 199619114,76716.98$3,243
Jan 199612,19017.07$17

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2007 — as filed, then multipliedworked
Condensate             8 bbl  × $ 62.00 =       $496
Gas                    0 Mcf  × $  7.55 =         $0

────────────────────────────────────────────────────
Month total                                     $496

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/G/157269 is the state's own key, not one this site invented.